I have owned passive conditioners, active conditioners, balanced
transformers and regenerative conditioners. They all offer benefits.
They do not sound identical.
The best conditioner we've run into so far are the Elgar conditioners, where were made a long time ago. They actively and dynamically process the AC power, removing distortion, noise and the like, and the output does not have more than 0.5THD at full load. They also regulate line voltage. Any that you find (ebay is the best source I've found so far) will need refurbishment. The only conditioners offered to high end audio that come anywhere close are the ones made by PSAudio.
The best way to use the Elgar in my opinion is to have it wired into the circuit that feeds your audio room. They made a 5000VA unit that can run a 20amp line with no worries. All the Elgars have a cooling fan which means they probably will need to be in a different room. They aren't particularly pretty either, having been made for commercial/industrial applications where clean power was a necessity.